Company News for December 16, 2011 - Corporate Summary
December 16 2011 - 4:07AM
Zacks
• Share prices of
wireless applications, CalAmp Corp. (NASDAQ:CAMP) gained 11.93%
after the company said it has commenced shipping a new whole-home
video and data networking product to its primary North American
direct-broadcast satellite customer
• Shares of FedEx Corp. (NYSE:FDX) advanced 8% to
close at $83.47 a share after the shipment company’ income almost
doubled in its second quarter
• Lam Research Corp. (NASDAQ:LRCX) agreed to
acquire Novellus systems, Inc. (NASDAQ:NVLS) in a stock-swap
transaction valued around $3.3 billion. Following the announcement,
shares of Novellus rallied 16.34% to end the day at $40.37
• Japan’s Fujifilm Holdings Corp. plans to
acquire ultrasound-equipment maker SonoSite, Inc. (NASDAQ:SONO) in
a deal worth $955 million
• Share prices of Nordson Corp. (NASDAQ:NDSN)
fell 9.21% after the sealant maker’s first-quarter outlook came in
below the Street’s expectations
CALAMP CORP (CAMP): Free Stock Analysis Report
FEDEX CORP (FDX): Free Stock Analysis Report
LAM RESEARCH (LRCX): Free Stock Analysis Report
NORDSON CORP (NDSN): Free Stock Analysis Report
NOVELLUS SYS (NVLS): Free Stock Analysis Report
SONOSITE INC (SONO): Free Stock Analysis Report
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